Friday, June 26, 2009

Iraq oil contracts

In a few days, the process of deciding which oil companies obtain contracts for Iraq's oil fields.
The Iraqi government hopes to finish contract negotiations by the end of August.
Most of the world’s big oil companies, including ExxonMobil, Royal Dutch Shell, British Petroleum and Chevron, are expected to submit bids. The companies were expelled from Iraq in 1972, after Saddam Hussein nationalized the oil industry.

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